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Author Topic: should i continue trading ?  (Read 26060 times)
Stedsm
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January 09, 2019, 02:32:24 PM
 #41

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

https://bitcointalk.org/index.php?topic=5054291.0
Check this out, this guy is also a day-trader and made great profits even in the bearish year of 2018. Learn from him how he dealt with the markets and kicked all difficulties and conquered his losses by visiting his thread.

Quote
i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    

Those days were bearish, but now, Bakkt and ETFs are on the table and we're experiencing the heat already as most coins have started moving towards the positive direction (many good projects were missing those green dildos just due to the markets being a bad baby all the time). I think it's good time to get back trading and start making some extra bucks once again (at least till the hype is being "overhyped" like wildfire).

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Coolman4 (OP)
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January 09, 2019, 05:08:47 PM
 #42


https://bitcointalk.org/index.php?topic=5054291.0
Check this out, this guy is also a day-trader and made great profits even in the bearish year of 2018. Learn from him how he dealt with the markets and kicked all difficulties and conquered his losses by visiting his thread.

yes thanks for sharing thread link
that guy is really inspiring and e spends lot of time with charts
Finestream
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January 09, 2019, 10:24:26 PM
 #43

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation     
 
everything starts in a very difficult way and if you give up, you agree to say that you are a loser.
All professional traders now have their first trading sessions awkward and often lose a lot of money. It is important that they do not give up and take the next step to confront the challenge. so should you, don't give up, try again.
Exactly.Never give up on trading because everything will be learned in a span of time.Maybe you have not focus much on learning the basics and developing your own skills in trading that resulted in a negative way.Maybe this year you will be lucky enough knowing the market is already heading into a good price increase.So keep on learning and i know in the perfect time,you will be as good like the pioneers here.

leowonderful
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January 09, 2019, 11:08:13 PM
 #44

If you haven't been profitable in trading for two years, chances are you either didn't learn from your mistakes or you were exceptionally unlucky (likely the first). I have known people in a similar situation in things outside trading but in esports like CS:GO where people I knew thought they had plateaued in skill but in reality never analyzed what they did wrong. Daytrading might just not be for you as well, and in that case you can try holding coins as a longer-term investment. Another suggestion I have is to read up on strategies other successful traders use, note how they trade, and incorporate some aspects of their trading style into your own trading. You don't and shouldn't become an absolute clone of someone else, but try to create your own trading strategies.
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January 09, 2019, 11:09:48 PM
 #45

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
If you can't afford it, why do you keep going? So why don't you take a break if your losses are more than your earnings? To be the best trader, first of all, you should be able to protect your deposit, profit is second.
BitHodler
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January 09, 2019, 11:35:47 PM
 #46

Those days were bearish, but now, Bakkt and ETFs are on the table and we're experiencing the heat already as most coins have started moving towards the positive direction (many good projects were missing those green dildos just due to the markets being a bad baby all the time). I think it's good time to get back trading and start making some extra bucks once again (at least till the hype is being "overhyped" like wildfire).
I find altcoins going back up to be more of a stimulating factor than Bakkt or an ETF that we won't be getting any time soon. The more people focus on these institutions, the more disappointment they will end up going through.

People's expectations of Bakkt are so high that I don't see how it will ever be able to satisfy them in the first few months. Bakkt delivers its Bitcoins out of its reserve that has been obtained by buying coins through the OTC market.

Unless the OTC market dries up, which is something I don't see happen, there isn't much that we can expect other than Bakkt providing some much needed legitimacy to the space.

BSV is not the real Bcash. Bcash is the real Bcash.
kawetsriyanto
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January 09, 2019, 11:54:16 PM
 #47

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time
~snip~

I think you should revise your strategy in trading. 2 years is a long time for trading, you should already have enough experiences. Choose proper coins for trading and know well what trading type that's fit with current market situation. By the way, don't make trading as the only job, you are better to have a real job, bro. Just make trading as your side job.

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nicolas1979
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January 10, 2019, 03:52:16 AM
 #48

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

Quit is not the answer but find the mistakes and never do that again is the right option you have. In this situation and many cases many people like you fails but only few of them keep stay and become great trader. All option/ decisions have risk and if you can't handle it I think quit is better. Just find the mistakes and you'll learn something that might be change your life.

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Unblock_news
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January 10, 2019, 04:44:56 AM
 #49

Two years is enough time for you to figure out how to be good in trading. With this bear market, I think you should stop trading for a while, Hold your asset and wait until the market bull then start trading again and figure out how to be good at it. DYOR more, two years is way too long to understand it.
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January 10, 2019, 05:27:13 AM
 #50

I also do crypto trading and I do this in part of my free time, there is a routine work that I have to do and this is my source of steady income, and I do trading to look for additional income which will benefit me when I have to hold coins when there is a decline price, be patient and wait for the best price to get the profit target that I want

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January 10, 2019, 07:05:39 AM
 #51

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
Day trading is one of the risky way we can makes money from cryptocurrencies market but because of the risk involved many investors lose money just like op has rightly posted.  I think we should have good knowledge of the market before investing and do day trading. If you learn well you will makes money from the market.
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January 10, 2019, 07:30:08 AM
 #52

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
If you can't afford it, why do you keep going? So why don't you take a break if your losses are more than your earnings? To be the best trader, first of all, you should be able to protect your deposit, profit is second.

Yes, you are right why don't you stop your trading if you are loosing continuously because without knowing it is completely waste trading because cryptocurrency fluctuations are really hard to predict which we cannot able to predict and it will surely affect our income.

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January 10, 2019, 07:30:17 AM
 #53

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )
2 years, that's a long period of time spent in trading but you are still not profitable, maybe day trading is not for you my friend, try going for long term trade like holding, it's also a good form of trading, I make profit that way.
some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time
If you feel you have no chance to improve in day trading then better find a job for a stable income, you can still invest anyway, but like I said, you have to buy and just hold it.
i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?
I know there's a lot of day traders who have the same experience as you because its impossible that all day traders are profit, this market would be easy if it goes that way. My experience in day trading is not good, overall I don't make profit that's why I decided to hold and find a stable way of earning like having a business.
 

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January 10, 2019, 08:46:11 AM
 #54

Trading cryptocurrency is very unpredictable,  and the most natural thing to happen to your trade is lose.  You must therefore prepare extensively before you start to trade.  You must know how much risk you are willing to take and what you will do in the event that you are losing.  There are strategy that should put you in profit regardless of market condition but you must prepare and have a method!

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January 10, 2019, 09:42:48 AM
 #55

Two years is enough time for you to figure out how to be good in trading.
This is again dependent on a person's learning capability. I would tell them to play it safe and study the older charts as well. They can reveal a lot more on the "trend" than just 2years charts. Again it does not mean that just studying them will make them skilled in trading. It needs practical after the theory.

Quote
With this bear market, I think you should stop trading for a while, Hold your asset and wait until the market bull then start trading again and figure out how to be good at it. DYOR more, two years is way too long to understand it.
One can always buy the dip whenever it happens and stock up unless they are feeling bad and not willing to put in more money. For those who have been with the market for long understand the importance of buying at the dips.

R


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January 10, 2019, 09:59:47 AM
 #56

It is all depend on your psychological conditions whether you want to continue or stop all activity for a while. I prefer to focus on myself before sitting in front of computer. Emotion control is necessary if you feel pressure on your shoulders.
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January 10, 2019, 10:31:40 AM
 #57

Two years is enough time for you to figure out how to be good in trading. With this bear market, I think you should stop trading for a while, Hold your asset and wait until the market bull then start trading again and figure out how to be good at it. DYOR more, two years is way too long to understand it.
For newbies, this could be a hard time to start trading especially if the market is just like this which is not really making any progress up but instead keeping the prices harder for traders to achieve. Two years of experience is quite enough to fully understand the movement of the market and OP shouldn't quit when everything seems to start getting interesting that's when he wants to stop.

Don't just throw that two years of experiences away just because you're not getting any today. Learn to rest but don't stop or quit, you will regret it for the rest of your life.

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January 10, 2019, 10:39:55 AM
 #58

I think with the current market conditions it will make us hesitant to trade, and if you are unsure of what you are doing then it is better to take a break and see the market development better to start again

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January 10, 2019, 11:35:05 AM
 #59

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
do you trade everyday? I am really surprised that you didn't get a profit in 2 years. It's a very strange matter. If you invested at least 2 years ago you must be in profit in December 2017 and January 2018. could you explain why you are saying you didn't get profit.?

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January 10, 2019, 12:11:46 PM
 #60

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
do you trade everyday? I am really surprised that you didn't get a profit in 2 years. It's a very strange matter. If you invested at least 2 years ago you must be in profit in December 2017 and January 2018. could you explain why you are saying you didn't get profit.?
maybe you need to evaluate your self.there is big mistake from your self , is it about skill in analisys or other mistakes.if we invest in bitcoin since two years that should in end of 2017 we got huge profits.
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